About Wmall
Wmall is a company based in Bengaluru (India) founded in 2018 by Anubhav Singh. Wmall has raised $10.61 million across 2 funding rounds from investors including Venture Highway VC, Chiratae Ventures and Elevation Capital. The company has 110 employees as of April 09, 2024. Wmall operates in a competitive market with competitors including Flipkart, Etsy, Myntra, Nykaa and Amazon, among others.
- Headquarter Bengaluru, India
- Employees 110 as on 09 Apr, 2024
- Founders Anubhav Singh
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Blitzscale Technology Solutions Private Limited
- Date of Incorporation 06 Dec, 2018
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$2.68 M (USD)35.99as on Mar 31, 2023
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Net Profit
-$1.1 M (USD)65.42as on Mar 31, 2023
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EBITDA
-$1.28 M (USD)62.43as on Mar 31, 2023
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Total Equity Funding
$10.61 M (USD)
in 2 rounds
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Latest Funding Round
$8.92 M (USD), Series B
Nov 19, 2019
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Investors
Venture Highway VC
& 2 more
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Employee Count
110
as on Apr 09, 2024
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Funding Insights of Wmall
Wmall has successfully raised a total of $10.61M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $8.92 million completed in November 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $8.9M
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First Round
First Round
(13 Feb 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Series B - Wmall | Valuation | Chiratae Ventures | |
| Feb, 2019 | Amount | Series A - Wmall | Valuation | Elevation Capital |
Investors in Wmall
Wmall has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Venture Highway VC, Chiratae Ventures and Elevation Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on seed-stage startups
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Founded Year | Domain | Location | |
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Early-stage investments are made in fintech, retail, and healthtech sectors.
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Founded Year | Domain | Location | |
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Elevation Capital is focused on early-stage tech investments in India.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wmall
Financial Statements - Wmall
Wmall Comparisons
Competitors of Wmall
Wmall operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flipkart, Etsy, Myntra, Nykaa and Amazon, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category consumer products are offered via an online marketplace platform.
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| domain | founded_year | HQ Location |
Online marketplace offering multi-category products from independent designers
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| domain | founded_year | HQ Location |
Fashion and lifestyle products are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Cosmetics, skincare, haircare, and wellness products are retailed online.
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| domain | founded_year | HQ Location |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Discounted products across multiple categories are sold online.
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Frequently Asked Questions about Wmall
Wmall was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Wmall is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Wmall is a funded company, having raised a total of $10.61M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.69M, raised on Feb 13, 2019.
As of Apr 09, 2024, the latest employee count at Wmall is 110.
Annual revenue of Wmall is $2.68M as on Mar 31, 2023.
Wmall was founded in 2018 and is headquartered in Bengaluru, India. Operations focus on e-commerce within the consumer goods sector, where a wide range of products including fashion apparel, accessories, electronics, beauty, and health items are offered. Sales occur primarily through an Android app, with additional channels on social platforms such as WhatsApp and YouTube. The platform serves multi-category retail needs for Indian consumers.
Wmall has 3 investors. Key investors include Venture Highway VC, Chiratae Ventures, and Elevation Capital.
The valuation of Wmall is $32.05M as of Nov 2019.